Money for Nothing: Merkel’s Germany to Trial Universal Basic Income

Money for Nothing: Merkel’s Germany to Trial Universal Basic Income

German researchers will give 120 people €1,200 a month for three years to see how their behaviour changes, after a study in Finland found that a similar experiment did not encourage unemployed Finns to find work.

Initiated on Tuesday, researchers began the process of opening applications for Germany’s long-term study on universal basic income (UBI), where 120 people will receive €1,200 (£1,080/$1,400) regardless of employment status or financial means.

A control group of 1,380 people in comparable life situations will not be given any money but will be monitored to examine how the UBI test subjects’ behaviour change over time. The […]

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